NSE records N11.5b turnover in four days
Total Oil Plc traded higher at the end of last week’s transactions on the equity sector of the Nigerian Stock Exchange. It led nine others with 28.20 kobo to close at N245.00 per share.
Following Total yesterday was PZ Cussons, adding 1.30 kobo to close at N27.30 per share.
Other gainers of last week’s transactions are Cutix Plc, adding 0.49 kobo to close at N2.50 per share. New Rest ASL Nigeria gained 0.27 kobo to close at N5.68 per share. Fidson appreciated by 0.19 kobo to close at N3.34 per share.
Continental Reinsurance, and Custodian and Allied, garnered 0.18 kobo to close at N1.47 and N3.60 per share respectively. Vitafoam also gained 0.12 kobo to close at N2.79 per share.
However, 11 Plc topped the losers chart with 27.44 kobo to close at N165.11 per share while Nigerian Breweries followed with 9.97 per share. Guinness shed 6.00 kobo to close at N75.50 per share.
Julius Berger shed 3.50 per cent to close at N32.49 per share. United Bank for Africa also lost 0.60 kobo to close at N9.10 per share.
Last week, a total turnover of 998.973 million shares worth N11.455 billion were traded in 13,626 deals by investors on the floor of the Exchange in contrast to a total of 1.538 billion shares valued at N24.218 billion that exchanged hands in 19,187 deals during the preceding week.
The drop in turnover may, however be attributed to public holiday declared by the federal government on Friday, to commemorate the Eid -el- Kabir celebrations.
The financial services industry (measured by volume) led the activity chart with 838.247 million shares valued at N5.134 billion traded in 7,884 deals; thus contributing 83.91 per cent to the total equity turnover volume.
The consumer goods industry followed with 45.589 million shares worth N3.225billion in 2,759 deals.
The third place was occupied by conglomerates industry with a turnover of 35.563 million shares worth N60.673million in 627 deals.
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